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20131101
20131130
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KICU 14
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Search Results 0 to 13 of about 14
KICU
Nov 14, 2013 4:00am PST
major merger. what it means for the cost of flying. plus....president obama heads to the buckeye state. how the administration is addressing new revelations over healthcare. and.... why hollywood is hitting the pause button on a flick about wall street. first business starts now! you're watching first business: financial news, analysis, and today's investment ideas. good morning!it's thursday, november 14th.i'm angela miles. in today's first look: the stockmarket is the stock market is back to record breaking.the dow and s&p 500 made all time highs during yesterday's trading session.the blue chips added on 71 points, the nasdaq 46 and the s&p 14.gold closed up $2 and oil by 72 cents. a tesla plant fire in california -- reportedly injured 3 workers wedesday.it caused the stock to tumble $2 dollars, but later bounced back.the workers are--- okay? cisco had a miss on revenue- along with a profit slip. the stock fell more than 3% after the close. and the nation's deficit is shrinking.the shutdown and sequestration cuts assisted in reducing the deficit between government spending and revenu
KICU
Nov 20, 2013 4:00am PST
corruption and keeping up with global demands for an educated workforce. president obama admits-- his administration "underestimated the complexities" of creating the healthcare.gov website. he commented about the troubled website during an interview at the wall street journal's ceo council conference.the president adds he should have anticipated the lack of help from both side of the aisle that was need to overhaul health care. he adds that, the government's system for selecting contractors for i-t projects is not very efficiient and is the root of the problem. a senior member of the obama administration was questioned about the rocky roll out on capitol hill tuesday. calise: what this report talks about is chaos at cms. nobody is in charge. waxman: is it accurate to say that cms is getting the website up and running? chao: yes. of course we are working around the clock to fix our performance issues so that the vast majority of users have a smooth experience with the site by the end of the month. lawmakers also learned the healthcare.gov still needs a system for taking in consumer p
KICU
Nov 11, 2013 4:00am PST
the obama administrations response to the attack. meanwhile--, a 60 minutes reporter now admits her report on the administration's role was not accurate. as ben bernanke winds down his term as fed chair. he's making it clear the fed has power as a "crisis fighter." bernanke addressed the banking topic of "too big to fail" friday at a conference sponsored by the international monetary fund. bernanke says the federal reserve is drafting rules to close large insolvent banks "without" destroying the entire u.s. financial system. bernanke believes that "not" having a systematic process in 2008 left the regulators with the "terrible choices of a bailout or allowing a potentially destablizing collapse. on the heels of a strong jobs report for the month of october. president obama "questioned" whether the hiring spree "could" have been stronger. "there is no question that the shutdown harmed our jobs market. the unemployment rate still ticked up. and we don't yet know all of the data for this final quarter of the year, but it could be down because of what happened in washington. now that makes
KICU
Nov 1, 2013 4:00am PDT
president obama launches a plan to attract investors from abroad. in today's cover story..... why the public sector is going on a hiring spree.... and... how to sidestep some of the biggest holiday travel traps... plus.... in traders unplugged-- the guys tell us whether investing in digital money is worth the risk. first business starts now! good morning! it's friday, november 1st. in today's first look: stocks continue to drop. for the second session in a row the market fell. yesterday, the dow lost 73 points, the nasdaq 11, s&p 6. gold tumbled 27 dollars and oil 53 cents. still it was outstanding october. the s&p rallied 4.5% the nasdaq up 3.9% and dow up 2.8% amoung earning after the close-- aig and first solar. aig shares fell 3% on earnings that topped estimates but the sales number fell shy of estimates. first solar-- doubled profits and raised its outlook that stock shot up 7% as we wrap up the week, lincoln ellis of green square captial joins us now from the floora semigroup to talk about today's market action a hand what is your outlook for november? > well november will
KICU
Nov 13, 2013 4:00am PST
.according to the wall street journal fewer than 50-thousand have successfully enrolled. the obama administration had hoped that by this time 500-thousand would have enrolled. the administration is expected to release its own enrollment numbers this week. president obama is naming a new head to the commodity futures trading commission. his pick is timothy massad, who spent the past three years running the government's troubled asset relief program, better known as tarp. the president used the nomination as a chance to call on congress to completely fund the commodity futures trading commission. the current cftc head is due to depart in january.massad's nomination requires confirmation by the senate. the supreme court will decide a case related to bernie maddoff scandal. according to usa today the high court will decided whether jp morgan chase and other banks should pay for not taking a more aggressive approach against madoff's multi billion dollar ponzi scheme. the securities investor protection corporaiton argues investors should be part of the funds that are recovered from the scam. sea world i
KICU
Nov 18, 2013 4:00am PST
a stable outlook. president obama is calling on his supporters today. following a rocky start to the massive insurance overhaul, the president said he'll hold a conference call with supporters today to discuss immigration reform, healthcare and more. meanwhile, both sides of the aisle are looking for a fix in light of the recent changes to obamacare. friday, the president met with insurance executives to brainstorm ways to fix the current situation. the president met with insurance executives to brainstorm ways to improve the current situation. " because of choice and competition, a whole lot of americans who've always seen health insurance out of reach are going to be in a position to purchase it. and because of the law, we're also going to be able to provide them help even if they are still having trouble purchasing that insurance. but they've got to know what those options are in order to be successful." also on friday, the house passed a bill that would let insurance companies sell through next year health care plans that do not comply with the health care law. the pres
KICU
Nov 22, 2013 4:00am PST
obama's fed chair nomiee-- janet yellen... "the ayes have it, the nomination is therefore reported favorably to the full senate" the senate committee voted 14 to 8 yesterday to move yellen forward in the confirmation process. she could become the first woman to lead the federal reserve. 3 republicans broke ranks to vote in favor of her nomination: bob corker of tennessee, mark kirk of illinois and tom coburn of oklahoma.one democrat, senator joe manchin the third of west virginia cast a no vote.yellen is likely to continue the fed's current economic stimulus of bond buying.she should breeze through the senate.yesterday the senate set new rules that will mean fewer fillibusters that block nominations. the treasury department's announcement that it'll sell off it's remaining shares of general motors stock by the end of the year marks the end of a government bailout begun during the depths of the recession.our cover story looks at whether it was money well spent or good thrown after bad. the treasury department plans to sell its last 31-million shares of g-m stock, two-point-two perce
KICU
Nov 15, 2013 4:00am PST
be confirmed by the full-senate, despite g-o- p members' threats to block her nomination. president obama admits he "fumbled" the launch of the affordable care act. we fumbled the ball in terms of the rollout.' but we always knew this was going to be hard. there's a reason why folks who tried to do it for 100 years and hadn't done it. at an event in ohio-- the president told the crowd-- health care is a problem he wants to solve. and he's not willing to go back to the old system. as a fix to the new program. the president says consumers can keep their current medical coverage through 2014 and it does not have to meet the coverage requirements under the new law. the president also says healthcare.gov will be able to handle the "majority" of users by the end of november.-- but not all. house speaker john boehner says the only way to fix obamacare is to repeal it. some health insurance companies also responded that presiden't changes to the law could result in higher premiums for consumers. lockheed martin is cutting jobs as u-s military spending slows down the defense contractor pl
KICU
Nov 25, 2013 4:00am PST
, more than three weeks ago, calls from brokers keep coming. president obama will be on the west coast this week. today-- the president is expected to make a speech about the importance of passing immigration reform. he will speak from a parks and recreation center in san francisco's china town.. then on tuesday-it's on to hollywood where he will likely talk about job creation in the movie and tv industry with a stop at dreamworks animation home of the hit film shrek. the president is also planning fundraising stops in california. one report says tickets to his events are selling at a discount. hiring is picking up nationwide. job postngs and hiring rose to five year highs in september. help wanted postings increased 69-thousand to 3.9 million , the most since march of 2008. hiring jumped 26-thousand to 4.6 million, the most since august of 08. the hottest hiring is in construction, retail, trade, transportation, and professional and business services. jp morgan will pay that record $13 billion dollars settlement by in a mortgage securities scandal . bank of america could also pa
KICU
Nov 27, 2013 4:00am PST
while democrats are calling for $4 billion in cuts.this week the obama administration put out report that supplemental nutrition assistance program kept close to 5 million people out of poverty last year. profits from the banking sector declined in the lastest quarter.banks earned $36 billion from july to september. down $1.5 billion from the third quarter of 2012.the fdic blames the brunt of the decrease in profits from a $4 billion dollar increase in money spent on litigation. the fdic is not naming names. but it rhymes with "shmorgan" ford is recalling its escape crossover-utlity vehicle for the seventh time.the latest problems center around possible fuel and oil leaks that could cause fires. 13 fires have been reported.. none of the fires have caused injuries. in total nearly 175-thousand vehicles are a part of this recall. motorola is releasing its discount smartphone ahead of schedule..the moto g will arrive in stores about a month earlier than planned. motorola will sell the 179 dollar "contract free" smartphone starting next tuesday, just in time for christmas. still to com
KICU
Nov 4, 2013 4:00am PST
. walmart has worked in the past wtih first lady michelle obama to encourage americans to eat healthy on a food-stamp budget. shares of the container store nearly doubled on the first day of trading. shares priced above range at $18 late thursday and jumped to $36 at the open of friday's trade. the retailer raised $225 million in its ipo. the container store sells shelving, filing cabinets, storage bins, and other products to organize homes and businesses. it has no direct competitors other than discount chains such as walmart. shares of the container store closed at $36.22 more questions are being asked by federal regulators about trading and hiring practices at jp morgan chase. the u.s. department of justice along with other agencies are investigating the banks hiring in hong kong. the firm is also admits-- it's facing a probe into currency trading, possible manipulation of foreign exchange rates and it's connection to the bernie maddoff ponzi scheme. the investigations are in the early stages. jp morgan officials are cooperating with authorities. auto sales revved up in october. s
KICU
Nov 6, 2013 4:00am PST
" president obama will be in dallas today where he will meet with supporters who helped un- insured american's navigate the new health care website. technical problems with healthcare.gov are still being called into question on capitol hill. yesterday, medicare administrator marilyn tavenner admited to a senate committee only a few consumers could create accounts in the first days the site went live. we have now resolved that issue. users can successfully create an account and go through the enrollment process. we are able now to process nearly 17,000 registrants per hour or five per second with almost no errors. well, i'm going to be blunt, because i really want this to be a success, and my job is to pinpoint solutions, not finger point, looking at a retro way. i think it is very confusing. senator barbara mikulski of maryland--says 73,000 people in her district are losing their health insurance because their policies don't meet the standards set by the affordable care act and will need to shop for insurance on the website. kentucky is on the sucess stories. with more than 1,000 reside
KICU
Nov 8, 2013 4:00am PST
in today's jobs numbers. on capitol hill -- frustration is building behind closed doors. president obama met this week with a handful of senate democrats. the lawmakers are reportedly nervous about whether the less-than smooth rollout of the affordable care act's website will impact their re-election bids. senators begich of alaska and udall of colorado are two, anxious that fuming constituents in their states may take out their frustrations on them at the ballot box. however, white house spokesman jay carney says the president is not concerned that the technical glitches related to the affordable care act will affect next year's mid-term elections. goldman sachs is the latest bank to confirm its under investigation.investigators from the u.s. and europe are checking into suspicious foreign exchange trading at several major banks. jpmorgan chase, citigroup, barclays, ubs, deutsche bank and royal bank of scotland are also facing probes.usa today reports --it's believed regulator are examining evidence that bank traders used inside information for rate rigging. the banks are cooperating. t
KICU
Nov 12, 2013 4:00am PST
of trading. and health care enrollment numbers are due out this week from the obama administration. lincoln ellis of green square capital joins us now. he gets us up-to-date on the market action for the day. good morning to you lincoln. > >good morning angie. this is one hot market. do you see any signs of a slow down out there? > >not really. we made new highs across most of the major equity markets here in the united states and we seem to be peaking across europe. the only place it isn't is in the emerging economies and those have been back and forth. in terms of the end of the year, probably a little bit of melt up and then flatline for 2014. > >what about the bond market which reopens today. it was closed yesterday for veterans day and we just had the jobs number out on friday. will they be buying in bulk? > >3, 10, and 30 years are up for auction this week in the bond market. that combined with janet yellen's testimony up on the hill on thursday could put a bit of volatility into that bond market. keep your eyes peeled. > >what about the syria situation? are you seeing anything intensi
Search Results 0 to 13 of about 14